What is the difference between fidelity cash available to trade and cash available to withdraw in the context of cryptocurrency trading?
FranxxDec 28, 2021 · 3 years ago1 answers
In cryptocurrency trading, what is the distinction between fidelity cash available to trade and cash available to withdraw?
1 answers
- Dec 28, 2021 · 3 years agoIn the context of cryptocurrency trading, fidelity cash available to trade and cash available to withdraw have distinct purposes. Fidelity cash available to trade represents the amount of money you have in your account that is available for immediate trading activities. It is the funds you can use to buy or sell cryptocurrencies on the platform. On the other hand, cash available to withdraw refers to the portion of your funds that you can transfer out of the trading platform and access outside of the platform. It allows you to move your money to another wallet or withdraw it to your bank account. While fidelity cash available to trade is tied to your trading activities, cash available to withdraw provides you with the flexibility to use your funds beyond the platform. Understanding the difference between these two can help you manage your cryptocurrency trading and financial goals effectively.
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